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1. Identifying the Production pipeline and eliminating all the backlogs to ensure effective output and productivity.
This can also help in reducing additional expenses being wasted.
2. The company representatives (Sales/ purchase team) should be focused on providing and targeting the right customers/ clients....
Effective marketing techniques to be followed to advertise the product in the market to increase awareness and know about the product
3. Payment to suppliers should be lined up well on credit term basis, which is enough to recover the returns on sale.
4. Estimation team should be realistic with quotes provided to the customers.
